American express is an institution when it comes to business finance.
American express working capital terms program.
This means we pay your suppliers 1 in 5 days and you pay us within 55.
Similarly you could benefit from 5 day payments from your customers.
However it s an extremely economical source of short term financing with effective aprs of 6 to 12.
Click working capital terms under the header.
Enrollment in the working capital program is not automatic.
American express working capital terms can be approved for a line up to 750 000.
Explore to learn trends in business and get valuable insights.
Our working capital solutions are flexible and innovative so your business could hold on to more cash for longer.
If you meet the prerequisites you can enroll one of your businesses in working capital terms through the amex website.
The pros of american express working capital terms.
Approval is conditional on the information american express already has on file about you including but not limited to your credit history.
Give your business the power to grow through effective working capital management.
Follow these steps to get started.
To enroll in the working capital terms program you must submit an online application which amex claims only takes two minutes to complete.
Go to the american express website and click business in the top navigation bar.
Funding payment products.
American express working capital terms is essentially accounts payable financing so it s only suitable when you need to pay vendor invoices.